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Economic growth not enough to eliminate rural poverty

-Down to Earth A global report focuses on sustainable agricultural growth, increased wages and creation of off-farm jobs to bring about rapid rural development. The International Fund for Agricultural Development (IFAD) report says economic growth alone is not enough to eliminate rural poverty, particularly in the Asia and Pacific region. “The rapid economic growth in the region has come at a cost. Urbanisation has led to a wide income gap between rural and...

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Work and welfare: MGNREGA 2.0 -Harish Damodaran

-The Indian Express The flagship rural jobs programme has shown improved performance after initial neglect by the Modi government. New Delhi: The Narendra Modi government may spend close to Rs 60,000 crore on the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in the current fiscal, a record for the programme that was a baby of the previous United Progressive Alliance regime. The Union Budget had allocated Rs 38,500 crore towards MGNREGA for...

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Inclusive rural transformation is essential to eliminate poverty: report -Kritika Singh and Prerna Kapoor

-Livemint.com International Fund for Agricultural Development calls on govts in the Asia-Pacific region to develop targeted policies and invest in promoting inclusive development of rural areas New Delhi: Inclusive rural transformation is essential to eliminate poverty and hunger and to build inclusive and sustainable societies, according to a report compiled by the International Fund for Agricultural Development (IFAD). The rural development report 2016, released in New Delhi on Monday, points out that policies,...

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Missing stock is harming our food security

-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

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Indian MSMEs yet to reap the benefit of Govt. schemes, says a recent report

A recently released report shows that only a few enterprises belonging to the labour-intensive Micro, Small and Medium Enterprises (MSME) sector could take advantage of the 205 number of public schemes (available in October 2015) of various Ministries or Departments of the Government, as listed at the website www.clusterobservatory.in.   (Please click here to access the report on MSMEs and the challenges they face). Prepared by the Foundation for MSME Clusters...

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